DFA Capital Management Inc. (DFA), the leading provider of
Enterprise Risk Management solutions to the insurance industry, today
announced the appointment of Mr. Gerhard Stahl, deputy chief risk
officer at Talanx Group, Germany´s third-largest insurance group, to
its board of directors.
Mr. Stahl´s appointment will provide DFA with significant risk
modeling as well as board-level management experience. With a
twelve-year tenure at the German financial regulator BaFin, he will
contribute the perspective of how regulators assess models and
processes when evaluating the risk management practices of insurance
companies.
"We are delighted to welcome Herr Stahl to DFA´s board of
directors," said Markus Rohrbasser, president and chairman of the
board. "His extensive knowledge and expertise in the insurance and
risk management business will be invaluable, and help us as we
continue to grow the company and bring value to shareholders."
Mr. Stahl was appointed to Deputy Chief Risk Officer of
Hanover-based Talanx Group in October 2007 and currently heads up its
Quantitative Risk Management group with responsibility for developing
quantitative risk management methods and risk models. Prior to joining
Talanx, Stahl was a statistician at the Bundesanstalt fur
Finanzdienstleistungsaufsicht (BaFin) with responsibility for its Risk
Modeling Group (QRM), which handles the on-site inspections of risk
management models and related principle work. He has represented BaFin
in several working groups of the Bank for International Settlements
(BIS) in Basel, and the Committee of European Banking Supervisors
(CEBS). He has also co-chaired the Basel sub-group on Liquidity Risk.
Mr. Stahl was a research fellow at the Economic Faculty of
Heidelberg, and holds a distinguished honorary doctoral degree from
the University of Bamberg for his scientific contributions to
financial risk management. Two of his scientific research papers have
been awarded "best of" in Risk Magazine and Journal of Risk and both
have been reprinted in special Risk Books. A charted member of "Risk
Who´s Who(TM)", he is considered an industry expert in the application
of stochastic methods within the scope of the risk models and
controls. He is a regular speaker in academic and practitioner´s
conferences devoted to risk management and related topics.
"I am honored to be appointed to DFA´s board of directors," stated
Gerhard Stahl. "I am looking forward to bringing my expertise and
regulatory background to the Company, and helping it leverage its
unique and innovative solutions to benefit both customers and
shareholders."
Mr. Stahl is a member of the Advisory Board of the CASE Institute
at Humboldt and Fellow of the Center for Financial Studies, Frankfurt.
About DFA Capital Management Inc.
DFA Capital Management Inc. is the market leader in dynamic
financial analysis software for the insurance and financial services
industries. DFA´s software-based financial and risk management system
is a foundation for competitive advantage for any insurance company
with multiple business lines, reinsurance activities, rapidly changing
business portfolios, and significant premium volumes.
Founded in 1999, DFA Capital Management Inc. is headquartered in
Purchase, N.Y., with offices in Germany and Switzerland.
http://www.dfa.com/
About Talanx:
With a premium income of nearly EUR 20 billion for 2007, the
Talanx Group is Germany´s third-largest insurance group. Talanx
operates as a multibrand provider. Its brands include HDI,
HDI-Gerling, Hannover Re - one of the world´s biggest reinsurers,
As-pecta, CiV Versicherungen, PB Versicherungen, Neue Leben, and
financial services provider AmpegaGerling. The Hanover-based Group is
active in 150 countries. Rating agency Standard & Poor´s has given
Talanx a financial strength rating of A+/stable (very good).
